Struena Coin (STR Token): Legit Masternode Cryptocurrency?

Masternode is a server on a decentralized network. It is utilized to complete unique functions in ways ordinary nodes can’t. It can be used for features like direct send/instant transactions or private transactions. Because of their increased capabilities, masternodes typically require a sizable investment in order to run. But this is where incentivization comes into play, as masternode operators are rewarded by earning portions of block rewards in whatever given cryptocurrency they’re facilitating.

Masternode are servers that run a primary node in the Struena network.

What Is Struena?

Struena is a groundbreaking crypto that is community built. It includes features such as masternodes and decentralized marketplace and exchange. Their network is inspired by Ethereum and is based on Ethash. It is a community built open source project which allows everyone to contribute.

The wallet is available for download on Windows, Mac, and Linux.

Struena STR Token Masternode

Masternodes relays transactions across networks and helps secure the Struena community. The block reward is distributed as 8+1+1 STR, that is 8 STR for miners, 1 STR for Masternodes and 1 STR for Struena dev and foundation. Their masternodes require 10.000 STR as collateral and a server with static public IP address. Their Block Time is 13 seconds.

There are numerous benefits of the masternodes, some of them are:

  • Share the block reward: Earn a share of the Masternode block reward.
  • Helps the community: Masternodes helps secure the Struena community.
  • Relay transactions: Relay transactions across the Struena network.
  • Improve decentralization: Masternodes improve the decentralization of the Struena network.

What Does The Future Hold For Struena?

They want to achieve a lot of things in a small time. Starting from the second quarter of 2018, they are planning the launch and release of Struena CLI, Struena Wallet, and Struena block Explorer. In the third quarter of 2018, the Masternode CLI will be in Beta state and anyone who meets the requirements for running a masternode can participate in the beta program. In the fourth quarter of 2018, the marketplace and exchange will be in Beta state.

Struena Conclusion

Struena is a project in its infancy. Lots of things, such as the Whitepaper or the details to setup a masternode are still pending. However, their Minimum Viable Product(MVP) is available to be downloaded as a desktop application.

You can try their product or learn more about the project on their website

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide